A penny-pinching tactic proposed by Elon Musk's Department of Government Efficiency could be getting rid of the penny itself.

Elon Musk's influence and outspoken nature have brought renewed attention to the debate over whether the penny still has a ...

The savings from eliminating the cent might seem like small change, but every penny counts in dealing with the U.S. fiscal ...

Eliminating the penny is more than a practical cost-saving measure. It’s a test of our willingness to confront outdated ...

Check out what's clicking on FoxBusiness.com. Elon Musk's Department of Government Efficiency (DOGE) is eyeing ways to slash government spending. One of its first targets could be the penny.

Pennies cost more than 3 cents each to make, which has the little round Lincoln heads in the crosshairs of Elon Musk’s new ...

The penny costs over 3 cents to make and cost US taxpayers over $179 million in FY2023,' the official DOGE account wrote on X ...

It is. Elon Musk’s Department of Government Efficiency has a new target to cut down costs: the U.S. penny.DOGE said on X that the penny costs over 3 cents to make and cost U.S. taxpayers over $ ...

The U.S. penny, which has been in circulation since the late 18th century, is in the crosshairs of the department run by Tesla and SpaceX CEO Elon Musk. In a post on X on Tuesday, DOGE said ...